pkt on Nostr: As for measurement of % chance of confirmation, I think that should track very well ...
As for measurement of % chance of confirmation, I think that should track very well with feerate compared to the rest of the mempool. This stuff doesn't have to be perfect. Just good enough.
Another way to do that, with a potentially simpler implementation, would be to allow replace-by-fee-rate after some timeout. Eg after # blocks have been mined with the tx remaining in your mempool.
Published at
2024-04-30 21:31:46Event JSON
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"content": "As for measurement of % chance of confirmation, I think that should track very well with feerate compared to the rest of the mempool. This stuff doesn't have to be perfect. Just good enough.\n\nAnother way to do that, with a potentially simpler implementation, would be to allow replace-by-fee-rate after some timeout. Eg after # blocks have been mined with the tx remaining in your mempool.",
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